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Entain’s counsel urges six Premier League clubs to use UK-licensed sponsors for 2026/27
Entain general counsel Simon Zinger sent letters dated May 15 to six Premier League clubs, asking them to commit to UK-licensed gambling shirt sponsors for the 2026/27 season. The letters raised concerns about Stake's "heavy reliance on cryptocurrency" and alleged BJ88 uses "unregulated payment methods like cryptocurrency" to avoid oversight, while noting several clubs' current sponsors lack UK Gambling Commission licensing.
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Kenya's Finance Bill 2026 adds VASP reporting and restores 20% gambling tax
On April 30, 2026, Treasury Cabinet Secretary John Mbadi submitted Kenya's Finance Bill 2026 to Parliament, proposing annual information returns for virtual asset service providers and reinstating a 20% withholding tax on gambling winnings. The National Assembly opened public participation on May 11, while the bill also outlines wider tax changes including new data-sharing powers for virtual-asset tax information and adjustments to excise measures.
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NPR Details Campaign Staff Bets on Polymarket Using Internal Polls, Third Pattern
NPR reported May 7, 2026 that an anonymous campaign staffer said they and coworkers regularly bet on Polymarket using internal polling data before it became public, with winnings described as thousands of dollars per cycle. The report is NPR's third Polymarket-focused insider-trading pattern in three months, as lawmakers and regulators debate responses that largely target government offices rather than campaign staff.
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Wisconsin Judge Says Ho-Chunk Likely to Win IGRA Bid to Block Kalshi Sports Contracts
On May 11, 2026, U.S. District Judge William M. Conley in Wisconsin found the Ho-Chunk Nation is likely to succeed under IGRA in stopping Kalshi sports event contracts from being offered on the tribe's Indian lands. The Ho-Chunk Nation sued Kalshi and Robinhood entities last August and later sought a preliminary injunction in December 2025; the case also includes a RICO claim and is set for trial on May 24, 2027.
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DraftKings and Flutter Shift Into Market-Making as Q1 2026 Results Detail Strategy
DraftKings and Flutter Entertainment are moving from consumer prediction-market products into market-making, with Q1 2026 earnings updates outlining the shift. DraftKings reported $1.6 billion in Q1 2026 revenue on May 7 and said its Railbird exchange is central to an effort to be a leading market maker before year-end. Flutter posted $4.304 billion in Q1 2026 revenue on May 6 and said it started providing market-making services on a major third-party platform in April while building its own offering.
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